Change Healthcare Announces Provider-Payer Data Exchange Solution
Summary
These enhancements will create the industry’s first nationwide solution to enable providers to submit documents and data, such as claims attachments, electronically to all payers in both the Medical and Workers’ Compensation market segments. While it often takes 40 minutes or longer for humans to review a medical record for coding accuracy, AI is able to read and process the same medical record in just 40 seconds, improving productivity by as much as 50% for certain clinical or coding reviews.2 The claim attachments solution complements that capability by creating a simple electronic submission path directly into the Change Healthcare AI services. Providers will have one place to submit claim attachments electronically to any payer in the United States,” said Mike Peresie, senior vice president and general manager, Medical Network at Change Healthcare. “By adopting our claims attachment solution, payers and providers can end their reliance on antiquated solutions, take paper out of the system, and participate in the next phase of industry maturation powered by artificial intelligence.” Future generations of the offering will continue to expand the network, workflows, and capabilities, such as coupling this single document and data exchange network with AI-empowered logic, to anticipate data sharing requirements earlier. According to Thomas Laur, president of Technology Enabled Services at Change Healthcare, “We understand the importance of eliminating the administrative costs because we see their impact every day.
